404 E Main StAshkumIL60911
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ashkum at 404 E Main St, Ashkum, IL, 60911 with 5% annual appreciation on a $129,999 basis while $744/mo rent supports operations. 53% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,916 alongside rental yield of 6.87%. Five-year ROI measures 80.37% and total cumulative return in cash totals $34,634. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $744/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1896
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60911, Ashkum, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 463 (76.2%) |
| Renter Occupied HU | 93 (15.3%) |
| Vacant Housing Units | 52 ( 8.6%) |
| Median Home Value | $165,858 |
| Average Home Value | $196,506 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
36
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